Address
1 Route 46 East Mount Olive Twp., NJ
Price
$ 649,000
Property Attributes
  • ML#3700798
  • TypeCommercial
  • CountyMORRIS
  • CityMount Olive Twp.
  • AreaMount Olive Twp.
  • Zip07828
  • StyleApartment Complex
  • Year Built1948
  • Taxes10767
  • Price$ 649,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms5
  • Sqr Footage4083
  • Lot Size0.52 Acres
Listing Provided Courtesy Of:
JERSEY SUCCESS REALTY, INC.
Data Source:
Garden State MLS
Property Description

Wow! Mega Cash Cow! Rent roll $75,420/year ($6,285/mo). Net operating income $40,502.00. Positive cash. with 20% down 20% down 30 yr mortgage at 5.25% ROI is 28.9%! Try beating that ! In 2020, 2 brand new furnaces, 2 new oil tanks, water heaters, new electric servicing all unit and unit 2 totally rehabbed from floor to ceiling. Make some MOO-LA by milking this cow dry!

Price History
3/27/2021 Listed $649,000

General Features

Construction Wood
Cooling Wall A/C Unit(s)
Drive Common, Crushed Stone, Off-Street Parking, Parking Lot-Exclusive
Garage Spaces 12
Heating 4+ Units
Num Apts 5
Property Type Apartment Complex
Property Type Apartment Complex
Roof Asphalt Shingle
Sewer Septic
Tax Annual Amount 10767
Total Units 5
Town # 2327
Township Mount Olive Twp.
Utilities See Remarks
Zoning C-1

Interior Features

Fuel Type OilAbIn
Num 1 Bdrm Units 2
Num 2 Bdrm Units 3
Num 3 Bdrm Units 2
Num 4 Bed Units 2
Num Units W/full Bath 5

Exterior Features

Building Area Total 4083
Exterior Description Composition Siding, Vinyl Siding
Lot Dimensions 170X134
Lot Features Irregular Lot
Total Parking 12
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07828

Price
AVG $350K
$650K
Taxes
AVG $11,191
$10,767
Visits
AVG 136
13
Year Built
AVG 1958
1948
Walkscore
AVG 40
27
Data Provided by Walkscore ® not using MLS data

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